Fiscal Deficit

  • Achiievers

Are we really worrying too much about it? One of the big stories during the week was the fiscal deficit touching 112% of the full fiscal year target by the end of November itself. It is already being estimated that the fiscal deficit for the full fiscal...

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Weekly Capsule (Jan 01 – Jan 05) and Impact Analysis

  • Achiievers

India’s fiscal deficit for 2017-18 touches 112% of full year target by Nov 2017 With 4 more months to go for the fiscal year, the government looks set to exceed the fiscal deficit target by 50 bps This will also compromise the 3% FRBM...

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THEME FOR THE DAY: “NIFTY CORRECTS AMIDST THIN TRADING”

  • Achiievers

After a strong start the Nifty and the corrected sharply on the back of very thin volumes. The trigger came when there was an unwinding of most of the positive trades of the last few days, especially among the ADAG stocks. With the likely modification...

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Midnight News Update – Jan 02nd 2018

  • Achiievers

After a long gap the Core Sector number for the month of November came in at a healthy 6.8%. Core sector represents the 8 infrastructure sectors including coal, crude oil, natural gas, refinery products, steel, cement, fertilizers and electricity. This...

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THEME FOR THE DAY: “NIFTY ENDS THE YEAR AT ALL TIME HIGHS”

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Nifty ended the year at an all time high with the Reliance Jio and RCOM merger news likely to be the most positive for the markets. Now the Nifty may be headed higher towards 10,800 and 11,000 levels from here on. The rise in bond yields may be...

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Midnight News Update – Jan 01st 2018

  • Achiievers

India’s external debt stood at $496 billion for first half ended September 2017. This is over 5% higher than the fiscal year ending March. This can be largely attributed to aggressive investment by FPIs in debt securities. Out of the total external...

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Midnight News Update – Jan 11th 2018

  • Achiievers

Prime minister, Narendra Modi, had a high level meeting with 40 leading economists of India ahead of the Union Budget to explore ways to give a big push to growth. The forthcoming Budget on February 01st will be the fifth and final budget by the current...

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